Remain long towards 1.3890. | 10 Februari 2021

Wave Analysis

The British pound continues to rally to the upperside in a consolidating manner. Just as previously expected, we are holding onto a long term buy position expecting price to continue to the upperside and should breakout above 1.38980 towards 1.402. On the flipside, should the price break below the lower blue line, then we will be looking for long term sell positions. As it is now, sell positions looks a bit risky and may not be recommended unless the price breaks below the blue line.

Trade Recommendations:

Remain long towards 1.3890.

One of the highest demand products in FreshForex is invest-portfolios. Invest-portfolio is an optimal tool for both beginners and experienced traders due to its high efficiency and low work efforts.

This is the fifth portfolio developed by FreshForex specialists. In 2020, we proposed traders four investment portfolios, each of which demonstrated positive results. The total return was 71.5%. 2 steps to get the Invest-portfolio:

1. Fund your trading account with $50 or more from February 1 to 26, 2021.

2. Send a request to school@freshforex.com with your account number funded.